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PROPOSED NO CASH BID REQUEST
Requestor: Beniamino Mazzulla, Mayor, Village of Stone Park
Request: Approval of No Cash Bid Request
Location: Village of Stone Park
Volume and Property Index Number:
155, 15-04-103-033-0000; 155, 15-04-301-018-0000; 155, 15-04-301-019-0000; 155, 15-04-301-020-0000; 155, 15-04-301-021-0000
Summary: The Board hereby requests No Cash Bids for five parcels pursuant to the Cook County No Cash Bid Ordinance (Cook County Ordinance ? 74-42). This Request Package contains the following five (5) Property Index Numbers ("PINs") listed in Village of Stone Park Ordinance No. 21-19 (the remaining four (4) PINs will be included in separate Request Packages): Upon acquisition, the Board intends to use each PIN as listed in the chart below: PIN 155, 15-04-103-033-0000 Parcel's Current Use - Vacant land (Class 1-00) Board's Intended Use -Vacant land to be used as public space in a residential area. PIN 155, 15-04-301-018-0000 Parcel's Current Use - Vacant land (Class 5-90) also part of Addison Creek Board's Intended Use -Vacant land to be used as public space in a residential and commercial area. PIN 155, 15-04-301-019-0000 Parcel's Current Use - Vacant land (Class 5-90) also part of Addison Creek Board's Intended Use - Vacant land to be used as public space in a residential and commercial area. PIN 155, 15-04-301-020-0000 Parcel's Current Use - Vacant land (Class 5-90) also part of Addison Creek Board's Intended Use - Vacant land to be used as public space in a residential and commercial area. PIN 155, 15-04-301-021-0000 Parcel's Current Use - Vacant land (Class 5-90) also part of Addison Creek Board's Intended Use - Vacant land to be used as public space in a residential and commercial area.
Upon obtaining a tax deed for any of the above-referenced PINs, the Board will file for tax exempt status because the Board will retain the PIN or will maintain the PINs' exempt status until the tax deed can be conveyed to another party. No th...
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